
12 December 2018 | 3 replies
For those that are making active income from real estate, there are also ways to shave some zeros off of your tax bill, such as a 1031 exchange.

13 December 2018 | 1 reply
Hi all,Last winter I had tenants that complained about their bathroom being too cold...it apparently got so bad that the toilet would freeze up and the only short term fix was using a space heater which they did not want to keep paying for on their electric bill...the bathroom has a large crawl space (20' x 10') directly underneath it...The following summer I decided to have the crawl space insulated with spray foam to help trap the heat that is coming from the Gas Boilers which I figured would be enough to keep the bathroom warm (also paired with their forced hot water heating that runs through the bathroom)...Fast forward to today and they are still having issues and complain about it...has anyone faced a similar issue with a crawl space that causes something like this?

1 January 2019 | 13 replies
It is common for people to use 1.5-2" closed cell foam insulation.
10 March 2015 | 16 replies
CapEx is an easy target to shave, and folks who don't know much about how much it costs to run property, actually buy into the nonsense...This is why 50% is bull...haha

12 March 2015 | 9 replies
So we have an ROI of around 12.69% which if we shave 4 months off we will get a little boost due to time but it will not be all that meaningful.
21 March 2015 | 16 replies
I can help you with the rattling noise.I would get some spray foam and fill the space with a can.

19 March 2015 | 15 replies
You can only make it fit if you shave the peg.

29 April 2015 | 15 replies
Lois S. have you called the tenant to discuss this with them?

29 August 2016 | 21 replies
Let’s take a look at several scenarios: Ownership of residential property (consisting of 4 or fewer dwelling units), which is financed (individual total ownership in one’s personal name, or joint ownership in two or more personal names, regardless of who is liable on the note) – YES, this is considered a “financed property.”Ownership of residential property (individual total ownership in one’s personal name, or joint ownership in two or more personal names), which was purchased subject-to the existing financing, and the previous owner is the only party liable on the mortgage – YES, this is considered a “financed property.”Ownership of a residential property, which is owned free and clear – NO, this is not considered a “financed property.”Joint or total ownership of a residential property that is held in the name of a Corporation or S-Corporation, even if the borrower is the owner of the Corporation, and the financing is in the name of the Corporation or S-Corporation – NO, this is not considered a “financed property.”Joint or total ownership of a residential property that is held in the name of a Corporation or S-Corporation, even if the borrower is the owner of the Corporation; however, the financing is in the name of the borrower – YES, this is considered a “financed property.”Ownership of a residential property that is held in the name of a Limited Liability Company (LLC) or Partnership where the borrower(s) have an individual or combined ownership in the LLC or Partnership of 25% or more, regardless of the entity (or borrower) that is the obligor on the mortgage – YES, this is considered a “financed property.”Ownership of a residential property that is held in the name of a Limited Liability Company (LLC) or Partnership where the borrower(s) have an individual or combined ownership in the LLC or Partnership of less than 25%, and the financing is in the name of the LLC or Partnership – NO, this is not considered a “financed property.”Ownership of a residential property that is held in the name of a Limited Liability Company (LLC) or Partnership where the borrower(s) have an individual or combined ownership in the LLC or Partnership of less than 25%, and the financing is in the name of the borrower – YES, this is considered a “financed property.”Residential property held in a REVOCABLE trust – YES, this is considered a “financed property.”Residential property held in an IRREVOCABLE trust and the borrower has NOT personally guaranteed the debt – NO, this is not considered a “financed property.”Residential property held in an IRREVOCABLE trust and the borrower HAS personally guaranteed the debt – YES, this is considered a “financed property.”Obligation on a mortgage debt for a residential property, regardless of whether or not the borrower has an ownership interest in the property – YES, this is considered a “financed property.”Ownership of a vacant residential lot, even if it is financed – NO, this is not considered a “financed property.”Ownership of commercial real estate (office building, retail space, warehouse space, etc.) – NO, this is not considered a “financed property.”Ownership of a multifamily property (consisting of more than 4 dwelling units) – NO, this is not considered a “financed property.”Ownership in a time share – NO, this is not considered a “financed property.”Ownership of a manufactured home and the land on which it is situated that is titled as real property – YES, this is considered a “financed property.”Ownership of a manufactured home on a leasehold estate not titles as real property (chattel lien on the home) – NO, this is not considered a “financed property.”